23% of new hires leave within their first year.
And a staggering 46% fail to last beyond 18 months.
These numbers tell a painful story: the traditional placement-fee recruiting model isn’t delivering lasting results. For employers, it means paying hefty up-front fees only to see new hires wash out. Many agencies charge around 15-20% of a new hire’s salary as a placement fee – often an expensive gamble.
There is a better way. Companies that invest in long-term talent partnerships and thorough onboarding see dramatically improved outcomes. In fact, more than 70% of employees stay with a company for 3+ years when they experience great onboarding. This is at the core of the Thrive Talent Solutions no-placement-fee model: instead of a one-and-done deal, we work on a monthly service basis, staying engaged long after hiring. We guide the onboarding process, support the new employee’s integration, and provide ongoing HR support to set you up for success.
Why does this lead to better talent and lower cost? With NO fee on the line for closing the role, the focus truly shifts to finding the right fit and ensuring that person thrives. Our interests are alligned, and we remain accountable post-hire – checking in, facilitating training, and being a partner in that employee’s growth. The result: you build a stronger team with hires who perform better and stay longer, saving you the steep costs of constant turnover and re-hiring, on top of the savings you’ll already achieve due to hiring global talent!
And for us at Thrive Talent Solutions, this isn’t just a business model – it’s a passion. We didn’t choose this path for quick profit; we chose it because we truly believe we can be the best in the world at providing HR-anchored talent support. We put people at the center of everything we do. We know that you don’t just recruit talent and then walk away – you build it, nurture it, and watch it grow. That ethos drives us every day, because we’re in this business to see companies and individuals thrive together.
Want to re-think how you hire? We are ready to bring your next star performer on-board!
